Other news

According to Goldman Sachs, the yen could strengthen by 7% this year to reach 140 against the dollar. This is due to increasing concerns about US economic growth and trade tariffs.

In March, the purchasing managers’ index in the UK manufacturing industry from S&P Global fell to a 17-month low, reaching 44.9. The sharpest decline in new exports since August 2023, caused by trade tensions between the US and Europe, served as a particular sign of deterioration.

Crypto influencer Amelie has revealed that Indian banks have begun piloting private ledger tests utilizing XRP. The news came out during India's fintech festival, where central bank digital currencies (CBDCs) emerged as a key discussion topic among policymakers.

Australian retail sales rose modestly for a second straight month in February. According to Reuters, the long-awaited cut in interest rates and easing inflation have begun boosting consumer confidence and spending power.

Elon Musk dismissed speculation linking Dogecoin to the newly formed US Department of Government Efficiency (DOGE), calling the name coincidence purely accidental during his remarks in Green Bay.

On Tuesday, the Reserve Bank of Australia (RBA) announced its decision to keep rates unchanged at 4.1%, as expected. At the same time, the regulator's rhetoric was slightly changed towards further easing amid worries over rising global trade tensions.

UK store prices fell by 0.4% year-on-year in March, down from a 0.7% drop in February. The slowdown in price decrease was due to expectations of higher costs ahead, as the UK is set to increase employers' social security contributions from April 6.

No change of the indicator value may reduce the volatility of the related markets.

An increase of the indicator value may contribute to the rise in quotes of JPY.

A decrease of the indicator value may contribute to the fall in quotes of AUD.